City of Columbus - File #: 1499-2010

• File #: 1499-2010
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/8/2010
• In control: Housing Committee
• On agenda: 11/1/2010
• Final action: 11/4/2010
• Title: To authorize and direct the City Auditor to cancel $1,500,000.00 from an Auditor's Certificate; to authorize and direct a transfer between OCA Codes within the General Government Grant Fund; to authorize the Director of the Department of Development to modify and increase the NSP2 Consortium Agreement with Campus Partners for Community Urban Redevelopment; to authorize the expenditure of $1,500,000.00 from the General Government Grant Fund; and to declare an emergency. ($1,500,000.00)

Date	Ver.	Action By	Action	Result
11/4/2010	1	CITY CLERK	Attest
11/3/2010	1	MAYOR	Signed
11/1/2010	1	Columbus City Council	Approved	Pass
11/1/2010	1	COUNCIL PRESIDENT	Signed
10/20/2010	1	Auditor Reviewer	Reviewed and Approved
10/20/2010	1	CITY AUDITOR	Reviewed and Approved
10/20/2010	1	Dev Drafter	Sent for Approval
10/20/2010	1	CITY ATTORNEY	Reviewed and Approved
10/20/2010	1	Dev Drafter	Sent to Clerk's Office for Council
10/19/2010	1	Finance Reviewer	Reviewed and Approved
10/19/2010	1	Finance Reviewer	Reviewed and Approved
10/19/2010	1	FINANCE DIRECTOR	Reviewed and Approved
10/19/2010	1	Dev Drafter	Sent for Approval
10/18/2010	1	Dev Drafter	Sent for Approval
10/18/2010	1	Finance Reviewer	Reviewed and Approved
10/13/2010	1	Finance Reviewer	Reviewed and Disapproved
10/12/2010	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
10/12/2010	1	Dev Drafter	Sent for Approval
10/8/2010	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND: This legislation authorizes the transfer of $1,500,000.00 between OCA codes within the General Government Grant Fund to modify and increase the NSP2 Consortium Agreement with Campus Partners for Community Urban Redevelopment. The City of Columbus is the Lead Applicant of the NSP2 Consortium which is an association of seven organizations and government entities formed for the purpose of applying for and implementing NSP2 funds. Campus Partners for Community Urban Redevelopment is a member of the NSP2 Consortium. Prior ordinance 0156-2010, as amended by ordinance 1278-2010, authorized the Director of the Department of Development to enter into consortium funding agreements with members of the NSP2 Consortium. The NSP2 funds provide for the acquisition, rehabilitation, redevelopment or demolition of foreclosed, abandoned and vacant properties in order to stabilize neighborhoods and stem the decline of housing values.

Emergency action is requested to avoid interruptions in program services.

FISCAL IMPACT: This legislation authorizes the transfer and expenditure of $1,500,000.00 in General Government Grant funds within the Department of Development. The City of Columbus was awarded $23,200,773.00 of Neighborhood Stabilization Program 2 (NSP2) grant funds under the American Reinvestment and Recovery Act of 2009 from the U.S. Department of Housing and Urban Development. A partial cancellation of Auditor's Certificate AC031459, Suffix 1 will make the funds available for this expenditure.


Title

To authorize and direct the City Auditor to cancel $1,500,000.00 from an Auditor's Certificate; to authorize and direct a transfer between OCA Codes within the General Government Grant Fund; to authorize the Director of the Department of Development to modify and increase the NSP2 Consortium Agreement with Campus Partners for Community Urban Redevelopment; to authorize the expenditure of $1,500,000.00 from the General Government Grant Fund;...